EUROPE
- ECONOMY
Is Putin Fully Weaponizing The Nord Stream Pipelines?
(Bloomberg Opinion) — As Ian Fleming, the British author who created James Bond, wrote: “Once is happenstance. Twice is coincidence.…
Read More » - Health
Energy crisis key to Italy’s election — but not conservation
MILAN (AP) — Giambarini Group’s plants in northern Italy must keep zinc baths that rustproof steel and iron parts super-heated…
Read More » - ECONOMY
The Global Race to Hike Rates Tilts Economies Toward Recession
(Bloomberg Businessweek) — Central banks are intent on driving the world economy perilously close to a recession. Late to see…
Read More » - Health
First public global database of fossil fuels launches
A first-of-its-kind database for tracking the world’s fossil fuel production, reserves and emissions launches on Monday to coincide with climate…
Read More » - ECONOMY
U.K. Mourns Elizabeth II At Funeral To Be Viewed Across The World
(Bloomberg) — Global leaders and dignitaries from US President Joe Biden to Emperor Naruhito of Japan come together in London…
Read More » - Health
Maggots key to crisis-time fertilizer for Ugandan farmers
KAYUNGA, Uganda (AP) — Moses Wamugango peered into the plastic vats where maggots wriggled in decomposing filth, the enviable project…
Read More » - ECONOMY
Federer and Williams Were The Best Ever. Or Maybe Not.
(Bloomberg Opinion) — With this week’s retirement of Roger Federer coming hard on the heels of last week’s news that…
Read More » - ECONOMY
Jerome Powell To The Rest Of The World: Drop Dead
(Bloomberg Opinion) — Ouch. If Americans expected inflation to peak in the summer, the US consumer price inflation report for August…
Read More » - ECONOMY
It Was 30 Years Ago Today, George Soros Taught The Bank To Play
Happy Black Wednesday Friday Margaret Thatcher always used to say that “you can’t buck the markets.” Having in 1990 been dragged…
Read More » - Health
Investors with $39 trillion urge government to plan fossil fuel phase out
By Ross Kerber, Simon Jessop BOSTON/LONDON (Reuters) – Investors managing $39 trillion have called on governments to raise their climate…
Read More » - Market
U.S. Stocks Plummet Amid Worse Than Expected Inflation Data
NEW YORK – OCTOBER 07: A bronze statue of a bull fighting with a bear is displayed at the Museum…
Read More » - Entrepreneurs
VCs Were Seen As A Bit Weird: 20 Years In European VC
European VC has come a long way since the early 00’s when we were seen as the odd one out…
Read More » - ECONOMY
China Is Winning The Post-Ukraine Game, At Russia’s Expense
(Bloomberg Opinion) — For his return to geopolitical frontlines after almost three years of Covid-19 isolation, Xi Jinping has chosen something of…
Read More » - Market
Europe Is Heading For “Deep Recession”, Deindustrialization
German Chancellor Olaf Scholz, right, and European Council President Charles Michel, address the … [+] media during a joint press…
Read More » - ECONOMY
King Charles’s Belated Reign Can Still Be a Fruitful One
(Bloomberg Opinion) — The oldest Prince of Wales in history was kept waiting longer than any other royal heir before…
Read More » - ECONOMY
Charles III Is Proclaimed King in Centuries-Old Ritual
(Bloomberg) — King Charles III was officially proclaimed monarch on Saturday after the death of Queen Elizabeth II, in the…
Read More » - Health
Summer of ’22 brought record heat, solar power to Europe
BERLIN (AP) — Europe smashed previous temperature records this summer, with long periods of sunshine causing sweltering conditions and droughts…
Read More » - ECONOMY
BNP Fund Unit, Amundi Eye Vertical Farms As Droughts Worsen
(Bloomberg) — After a series of stock market setbacks, investor interest in vertical farms is once again on the rise.…
Read More » - ECONOMY
Tips On Survival From The Queen Who Excelled At It
Normally, this section of Point of Return closes the newsletter. Not today. If there was ever a great survivor, it was Elizabeth…
Read More » - ECONOMY
The Revolutionary Monarchy Of Elizabeth II
(Bloomberg Opinion) — Britain’s longest-serving monarch has died. It feels like a death in the family. Born in 1926, the…
Read More » - Market
Europe’s Energy Crisis Threatens To Decimate Disposal Incomes And Car Sales
Flaming gas burners on household kitchen stove with an exchange graph of the growth in the cost of … [+]…
Read More » - ECONOMY
A Surging Dollar Is A Mixed Blessing For The US
The major driver of dollar strength on Monday was yet another disruption to the European gas market as Russia announced…
Read More » - Market
Fertilizer Prices Spike Again As Russia Cuts Natural Gas Supply
Photo by IVAN PISARENKO/AFP via Getty Images AFP via Getty Images Fertilizer values remain highly volatile as markets digest ongoing…
Read More » - Health
UN says part of Somalia will reach famine later this year
MOGADISHU, Somalia (AP) — The United Nations says “famine is at the door” in Somalia with “concrete indications” famine will…
Read More » - Market
Europe’s Public Markets Offer Happy Hunting Grounds For Private Tech Investors
Amidst rising interest rates, soaring inflation, Russia’s invasion of Ukraine and looming recession, … [+] the rout in equity markets…
Read More » - ECONOMY
Ukraine Latest: Russia Ramps Up Combat With Widespread Bombing
Russia’s defense minister instructed military units in Ukraine to “further intensify” combat activity at a time the arrival of advanced…
Read More » - ECONOMY
Don’t Forget to Write! Letters and Cards Are More Important Than Ever
(Bloomberg Businessweek) — Next door to the Hamburg factory where luxury-goods manufacturer Montblanc produces its fountain pens and other writing…
Read More » - ECONOMY
Can Crypto’s Richest Man Stand The Cold?
(Bloomberg Businessweek) — During the first few months of this year—back when buying digital tokens named after dog memes was…
Read More » - ECONOMY
Russia’s Crude Oil Revenues Take a Hit Even as Exports Swell
(Bloomberg) — Russia is earning less from its oil exports, even as seaborne crude shipments surge to a six-week high. That’s because of…
Read More » - ECONOMY
India in Talks to Increase Russian Oil Imports From Rosneft
(Bloomberg) — India is looking to double down on its Russian oil imports with state-owned refiners eager to take more…
Read More » - ECONOMY
Ukraine Latest: Zelenskiy Visits Troops; UK To Send Rockets
Ukrainian President Volodymyr Zelenskiy visited troops in the southern region of Zaporizhzhia, about 60% of which is occupied by the…
Read More » - ECONOMY
Ukraine Latest: Australia Sanctions Putin’s Daughters, Senators
(Bloomberg) — Restrictions by the U.S. and its allies have led to a fall in more than half of Russia’s…
Read More » - ECONOMY
Oil Surge Favors Canada’s Producers as Currency Helps Too
(Bloomberg) — Soaring oil prices are disproportionately favoring Canada’s energy companies over their U.S. counterparts because of a market quirk:…
Read More » - ECONOMY
Ukraine Update: MasterCard Halts in Russia; Biden-Zelenskiy Call
(Bloomberg) — Visa Inc. and MasterCard Inc. have suspended operations in Russia amid growing pressure from within Ukraine and from…
Read More » - ECONOMY
Elite International Schools Have a Racism Problem
(Bloomberg Businessweek) — The “placement gong” rings out in the offices of Teaching Nomad, a recruiter for international schools, every…
Read More » - ECONOMY
Astra Reports Positive Lynparza Results for Prostate Cancer
(Bloomberg) — AstraZeneca Plc reported positive high-level results for use of its blockbuster drug Lynparza to treat prostate cancer, continuing…
Read More » - ECONOMY
Elections Aren’t Getting Any Easier For the Kremlin
(Bloomberg Opinion) — “We are Team Putin. We are United Russia,” read the backdrop to a gathering organized by the pro-Kremlin…
Read More » - ECONOMY
U.K. Economy Seen Slowing Sharply on Record Staff Shortages
Britain’s economy grew at the slowest pace since the height of lockdown in February, which purchasing managers blamed on staff…
Read More » - ECONOMY
London’s Housing Market Shows Hit From Home Working
(Bloomberg) — London private housing rents fell in July compared with a year earlier as the ability to work from…
Read More » - ECONOMY
Nickel Nears Seven-Year High With Metals Rising on Demand Bets
(Bloomberg) — Nickel rose for a third straight session, approaching a seven-year high on booming demand for the metal used…
Read More » - Banking
In Plaid, European neobanks find an open banking passport
After regulatory pressure scuttled Visa’s deal to acquire Plaid, the account aggregator is using data sharing connections to thousands of…
Read More » - ECONOMY
Banning New Gas Cars Is Key for Hitting EU’s Climate Goals
(Bloomberg) — The European Union must set a date to phase out the sale of new petrol and diesel cars…
Read More » - ECONOMY
Travel Industry Sees Glimmers of Recovery in Africa, Antarctica
(Bloomberg) — Early in the global pandemic, travel experts rushed to determine the shape of the recovery. Would it be L-shaped?…
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